Latest economic figures from the BoG

market

  1. GDP growth rate is 3.6% as at Q3 2015.
  2. Inflation as at December 2015 17.7%. Food inflation 8%. Non-food inflation 23.3%.
  3. Monetary policy rate 26%.
  4. Interbank lending rate 25.3% as at December 2015.
  5. Average lending rate 27.5% as at December 2015.
  6. Total Exports $10,196.58m. Gold $3,212.5m (31.51%). Cocoa $2,590.9m (25.41%). Oil $1,943.6m (19.06%)
  7. Total Imports $14,038m. Oil $2,075m (14.8%). Non-oil $11,963m.
  8. Deficit on cash basis 5.6% of GDP as at November 2015.
  9. External debt as at September 2015 GH¢54.5bn (40.9% of GDP)
  10. Domestic debt as at December 2015 GH¢38.8bn (29.1% of GDP)
  11. Non-Performing loans (of banks) as at November 2015 14.1%
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Jerome Kuseh

Accountant | Economist-in-Training | Finance Blogger
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